POSTED BY October 31, 2013 4:35 pm COMMENTS (2)
ONHello,
As per IRDA circular following products and riders have been withdrawn w.e.f 1st October 2013: Waiver of Premium Rider, Personal Accident Benefit Rider , Dread Disease Rider , Payor Rider , Waiver of Premium .
I had bought an endowment policy 10 yrs ago that have few of above product riders. What are the implication on premium that I have been paying till date of above products. Do I still pay the premium for products that have been withdrawn?
Thanks in advance.
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where can I get the said circular? I tried to search on the IRDA site but couldn’t find it.
The circular is not applicable to OLD policies which are already running , so your policies will have the riders
Manish